FTI has been in the pre-market trading activity for several days. This can often lead to a sudden momentum action. Oil stocks tend to react to crude oil commodity pricing which has recently been in a speculative mode.
A potential long position for Technipfmc´s stock can be observed in this candlestick chart with a daily interval, wich is testing for the 4th time a support level that has lasted several years. Since the beginning of 2017, the stock has been in a bearish trend, the investment consist in setting a long position until it hits the bearish trending line, that also...
Looking for a retest on the 15 min chart. Nice bearish gap and go today on the daily. Energies look like they are still headed LOWER.
12-1-2015 BUY $FTI at $34.00 TARGET 1 Price: 36.45 Profit: 7.1% Stop/Trailing Stop: 33.19 Loss: 2.5%
CHART OF THE DAY! 12-1-2015 BUY $FTI at $34.00 bit.ly
Very nice pattern broken on daily chart. Weekly chart analisis: Some fundamental information from public source: MC Technologies designs, manufactures and services systems and products, including subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions and marine loading systems...
FTI - Expect open at 49.99 for a Retest Gap. Wait for 30 minutes then look for bullish break off of 10 or 20 ema on a 5 minute chart. Be wary of pivot zone around 49.54-50.24
FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. Its Subsea Technologies segment offers subsea systems for the offshore production of crude oil and natural gas, as well as installation and workover tools, service technicians for installation assistance, and field support for commissioning, intervention, and maintenance of its...
up dated chart from previous post . consolidation breakout occured